$7,719 Closing Credit*
$650,000
1,164 SqFt
3 Beds
•2 Full Baths
Paula Martin, Listing Office: Realty One Group Elite
Is El Sobrante, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, El Sobrante was a Seller's Market.
Key Takeaway
El Sobrante is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in El Sobrante, CA
How much do homes in El Sobrante, CA cost?
Median Sold Price
$700,000
$475/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,000(-2.8%)
Key Takeaway
Homes in El Sobrante have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in El Sobrante was $700,000 in November 2024, down 2.8% from last year, and the median price per square foot was $475.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $357.5K | +17.2% |
| 2 Bedrooms | $553.5K | $495K | -10.6% |
| 3 Bedrooms | $740K | $688K | -7.0% |
| 4 Bedrooms | $822.5K | $776.4K | -5.6% |
| 5+ Bedrooms | $1.0M | $1.0M | +6.3% |
Summary: El Sobrante housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.2%, 2 bedroom homes decreased by 10.6%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Neighborhoods
| May Valley | $787K | $835K | +6.1% |
| El Sobrante | $720K | $700K | -2.8% |
Housing Supply in El Sobrante, CA
How many homes are available in El Sobrante, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 28 | -20.0% |
Summary: The El Sobrante real estate market had 28 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The El Sobrante housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in El Sobrante, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in El Sobrante in November 2024, down by 63.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for El Sobrante, CA
How long does it take to sell a home in El Sobrante, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 52 Days | +39.7% |
Summary: Homes in El Sobrante had an average of 52 days on market in Nov 2024, up by 39.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in El Sobrante has remained consistent over time.
Summary: During November 2024, 4 homes were sold in El Sobrante; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
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